Why ServiceNow Stock Gained 17% in January
Shares of ServiceNow (NYSE: NOW) were moving higher last month as the cloud software company posted solid results in its fourth-quarter earnings report and benefited from a broader tailwind in the tech sector. According to data from S&P Global Market Intelligence, ServiceNow stock finished the month up 17%. ServiceNow has a long track record of steady growth, and its focus on streamlining workflows and breaking up silos has made it a popular choice in enterprise software.